TELUS Corporation (NYSE:TU) Issues Earnings Results

Telus Corp. said Friday that its second-quarter wireless revenue was $1.85 billion including a 7.2 per cent increase in network revenue supported by the addition of 99,000 contract subscribers during the quarter

Moreover, Cibc Ww has 0.11% invested in TELUS Corporation (TSE:T).

Several research firms have recently commented on TU. As of the latest earnings report the EPS was $1.71 and is expected to be $2.14 for the current year with 591,000,000 shares now outstanding.

Renaissance Technologies LLC decreased its position in Telus Corporation Ordinary Shar stock by 14.6% in the last quarter. Two Brokerage firms have recommended the share with a hold recommendation, six have issued a buy recommendation and 1 has released a strong buy recommendation to The corporation. Great West Life Assurance Co. Raymond James Trust N.A. now owns 6,854 shares of the Wireless communications provider's stock valued at $222,000 after buying an additional 465 shares during the last quarter. Gulf International Bank UK Ltd now owns 62,999 shares of the Wireless communications provider's stock valued at $2,042,000 after buying an additional 700 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of TELUS Corporation by 15.2% in the first quarter.

TELUS Corporation (TU) declined 0.97% throughout intraday market trading on Early Thur, reaching $35.68. Shine anticipates that the company will earn $0.73 per share for the quarter. TELUS has a 1-year low of $40.97 and a 1-year high of $46.29.

The P/E ratio is 20.65 and the market value is 20.91B. The firm's 50 day moving average is $45.08 and its 200 day moving average is $44.47.

More news: Call 811 Before You Dig: It is the Law!

Hillsdale Investment Management Inc decreased Telus Corp Com (TU) stake by 20.83% reported in 2016Q4 SEC filing. TELUS Corporation had a return on equity of 19.11% and a net margin of 9.96%.

Wireless revenue was $1.85 billion, which included a 7.2 per cent increase in network revenue supported by the addition of 99,000 contract subscribers during the quarter. Next quarter's EPS is forecasted to be $0.54 and the next full year EPS is projected to be $2.27. Stockholders of record on Friday, September 8th will be paid a dividend of $0.3884 per share. The ex-dividend date of this dividend is Thursday, September 7th. This dividend represents a yeild of $4.50 which is the dividend as a percentage of the current share price. Patten Gp has invested 0.94% of its portfolio in TELUS Corporation (TSE:T).

COPYRIGHT VIOLATION WARNING: This story was first posted by TheOlympiaReport and is the property of of TheOlympiaReport. The legal version of this story can be read at https://baseballnewssource.com/markets/telus-corporation-nysetu-shares-sold-by-wells-fargo-company-mn-updated-updated/1274120.html. Lazard Asset Limited Company reported 45,783 shares. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Canaccord Genuity restated a "buy" rating and issued a $47.00 target price on shares of TELUS Corporation in a research note on Monday, May 8th. Finally, Zacks Investment Research upgraded shares of TELUS Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, July 4th. The stock of TELUS Corporation (USA) (NYSE:TU) earned "Buy" rating by Canaccord Genuity on Thursday, January 5.

12/04/2015 - Goldman Sachs began new coverage on TELUS Corporation giving the company a "neutral" rating. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data.

Related News:

  • China rages at Trump after he sends WARSHIP to disputed territory

    China rages at Trump after he sends WARSHIP to disputed territory

    The CSIS report said 64 per cent of China's maritime trade passed through the sea, compared to 14 per cent of U.S. maritime trade. China accused the United States of a blatant violation of its sovereignty, as well as global law after the USS John S.
    Toilet: Ek Prem Katha Collections

    Toilet: Ek Prem Katha Collections

    Toilet: Ek Prem Katha is the story of a man whose wife leaves him after discovering there is no toilet in his house. Made at an estimated budget of Rs 18 crore, Toilet Ek Prem Katha also stars Bhumi Pednekar and Anupam Kher.
    Walmart issues apology for back-to-school gun display

    Walmart issues apology for back-to-school gun display

    According to The New York Times , images of the display began circulating on social media before Walmart addressed the situation. Wednesday night that the company has confirmed the store was not in Evansville, Indiana.
  • We're buying three more players - Guardiola

    We're buying three more players - Guardiola

    Debates can get heated and that's fine, but offensive words will get you banned. "But we try to win the game ". In the last few days, Brighton have opened up their chequebook in a way the club has never seen before.
    Giroud wants to stay and fight for his place, claims Wenger

    Giroud wants to stay and fight for his place, claims Wenger

    Should Giroud be starting more games for Arsenal? The speculation is always going to be out there at this time of year. Danny Welbeck , however, levelled for Arsenal on the stroke of half-time after being teed up by Kolasinac.

    Trump's unjustified boast about U.S. nuke power

    On Jan. 27, Trump made an executive order to create the Nuclear Posture Review, which will analyze the U.S.' nuclear capabilities. He echoed his tough stance against North Korea in a series of tweets August 9, according to The Hill.
  • Earth's Doomsday Predicted On This Month's Solar Eclipse by Mysterious Planet

    Earth's Doomsday Predicted On This Month's Solar Eclipse by Mysterious Planet "Nibiru"

    Meade believes that after the eclipse Nibiru could be seen in the skies on 23 September before it collides with Earth. He further added: " When the eclipse begins on August 21, the sunrise will be dark, just as Isaiah predicts ".
    Tata Motors, Skoda find no common ground, call off JV talks

    Tata Motors, Skoda find no common ground, call off JV talks

    Both firms have had a patchy innings in a market that is poised to become the world's third largest by 2020. VW "will now seek new synergies with Volkswagen's MQB platform", the source added.
    Chelsea boss Antonio Conte does not want sympathy over squad size

    Chelsea boss Antonio Conte does not want sympathy over squad size

    That said, a club with a good reputation and decent resources certainly shouldn't be feeling too hard done by. They are better in the work, in the training sessions and I must be pleased for the commitment of my players.
  • Mourinho says Manchester United still in the market for a winger

    United have made three signings so far this summer and are targeting a wide player in the remaining weeks of the transfer window. However, the club did win the Europa League and the League Cup, giving the manager a platform of success on which to build.
    Lawyers want Penn State live-in frat adviser to testify in pledge death

    Lawyers want Penn State live-in frat adviser to testify in pledge death

    After almost 40 hours in court, defense attorneys now want to question Timothy Bream. Bream served as house manager for the Beta Theta Pi fraternity in 2016 and 2017.
    Airbnb Cancels Bookings, Deletes Accounts Of People Attending White Supremacist Rally

    Airbnb Cancels Bookings, Deletes Accounts Of People Attending White Supremacist Rally

    Circled around a statue of the school's slave-holding founder Thomas Jefferson, the marchers chanted "white lives matter". Response teams from Richmond will be in Charlottesville this weekend, and the Virginia National Guard is on standby.


Most liked

Ivan Perisic's agent meets with Manchester United over potential transfer
Mourinho's priority is to sign a new left back this summer and one of the players in the lime light is Tottenham star Danny Rose .

Marvel, 'Star Wars' Films Still in Discussion — Netflix Disney Movies
TD Capital Management LLC acquired a new stake in shares of Netflix during the second quarter valued at $105,000. The Company operates through three segments: Domestic streaming, global streaming and Domestic DVD.

Coburn sets women's steeplechase championships record at London worlds
She picked herself up yet again but this time there was no way back in terms of having the reserves to contest the medals. She took the lead for good at the final water jump and kicked for home to claim the gold.

Here's where the clearest skies will be during the total solar eclipse
Because the eclipse will only be partial, it's essential that anyone wishing to view it obtain the correct protective eyeware. Don't say News 2 never told you where to find eclipse glasses. "People that are going to get married during the eclipse".

Winning Mega Millions Ticket Worth an Estimated $393M Sold in IL
In addition to the jackpot victor , there were three tickets that matched the five white balls to win the game's second prize. The odds of winning a jackpot were abysmal - one in 258.9 million for Mega Millions, and one in 292.2 million for Powerball.

TSX closes 143 points lower, gold rises amid US-North Korean tensions
In bond markets, the yield on US Treasuries fell, also pressured by the lowered expectations for a Fed move. USA crude rose 0.43 percent to $48.80 per barrel and Brent was last at $52.01, up 0.21 percent on the day.

Eagles' CB Jalen Mills excited about trade for Ronald Darby
And not long after the Matthews deal was announced, Schefter had some more news to share about head coach Sean McDermott's team. Roseman appeared to want to make sure he was not trading a player in a contract year for another player in a contract year.

Satellite photos suggest North Korea preparing submarine missile test
The question of whether Beijing would go along with much harsher sanctions against North Korea was answered this weekend. Security Council unanimously imposed sanctions on North Korea aimed at pressuring Pyongyang to end its nuclear program.

Pennsylvania Real Estate Invest (NYSE:PEI) Experiences Heavy Trading Volume
Finally, Stifel Nicolaus initiated coverage on Pennsylvania Real Estate Investment Trust in a research note on Friday, July 14th. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .

PGA Championship leaderboard breakdown: Round 2 coverage, scores
He bogeyed the 11th but two more birdies earned Day his equal-lowest round relative to par at the majors in 2017. Even though Brooks Koepka shot 68, and is one shot off the lead, this year's U.S.

Manchester United vs West Ham: Potential XI with three at the back
United kick off their Premier League campaign at home to West Ham on Sunday, having won six of their seven pre-season friendlies. I don't say the league because I have been in this league a long time.

Ayodhya case hearing from December 5
The Sunni Waqf Board tells Supreme Court that the translation of historic documents is not complete yet. The mosque was demolished by Hindu Karsevaks on December 6, 1992 in Ayodhya.

Alcoholism among women rises in new study
A person was considered to have alcohol use disorder if they met criteria for alcohol dependence or abuse in the past year. Between those two groups (about a decade apart from one another), the number of people who drank alcohol increased by 11%.

Real Madrid attacker signs new contract with €700m release clause
However, his situation at Real Madrid underwent a dramatic U-turn in the second part of the season following Gareth Bale's injury. Los Blancos are preparing to announce the new contract at an official ceremony at the Bernabeu.

Korea Investment CORP Cuts Position in Discovery Communications, Inc. (DISCA)
Barrington analysis restated a "market perform" recommendation on stocks of Discovery Communications in a note on Tue, Aug 1st. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website .